Bernie Sanders Quotes
Establishing a 0.03 percent Wall Street speculation fee, similar to what we had from 1914-1966, would dampen the dangerous level of speculation and gambling on Wall Street, encourage the financial sector to invest in the productive economy and reduce the deficit by more than $350 billion over 10 years.
In the 1980s and 1990s, Jack Welch, the CEO of General Electric, laid off over 100,000 employees. His reward? When he retired from GE, he received a golden parachute of over $400 million dollars. This is the kind of corporate greed and irresponsibility that is destroying the middle class and must be ended.